Seller's Agent in 2016
Edward Bluemel
Atlas Asset Management Realty LLC
(630) 709-3581
14 Total Sales
3540 N Lowell Ave Chicago, IL 60641
Irving Park Neighborhood
8
Beds
4
Baths
--
Sq Ft
1929
Built
Highlights
- Corner Lot
- 4 Car Detached Garage
- Heating System Uses Steam
About This Home
As of May 2016Pleased to offer for sale a vintage four-unit multifamily property located in the Avondale/Kilbourn Park neighborhood on Chicago's north side. The offering provides investors with immediate cash flow and material future upside in a solid location. The property is currently 86% occupied. Surplus income is being generated from three additional, non-confirming units. No representation as to the legality of said additional units. The current zoning certification is for four dwelling units. The building is a two-story walk-up residential apartment building of masonry construction with a flat roof constructed in 1929. The 5,034-SF building sits on a 6,300 SF lot which is adjacent to the alley-way running east-west. **See offering package in ADDITIONAL INFORMATION.**
Last Agent to Sell the Property
Atlas Asset Management Realty LLC License #475159969 Listed on: 04/13/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,901
Year Built
- Built in 1929
Parking
- 4 Car Detached Garage
- Parking Available
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Potential Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Steam
- Lake Michigan Water
Additional Features
- Basement Fills Entire Space Under The House
- Corner Lot
Community Details
Overview
- 4 Units
Building Details
- Gross Income $75,510
- Net Operating Income $46,599
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/31/2016 05/31/16 | Sold | $600,000 | +3.6% | -- |
| 04/25/2016 04/25/16 | Pending | -- | -- | -- |
| 04/13/2016 04/13/16 | For Sale | $579,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,721 | $78,000 | $27,405 | $50,595 |
| 2024 | $14,721 | $78,000 | $27,405 | $50,595 |
| 2023 | $14,350 | $69,521 | $22,050 | $47,471 |
| 2022 | $14,350 | $69,521 | $22,050 | $47,471 |
| 2021 | $15,377 | $76,216 | $22,050 | $54,166 |
| 2020 | $10,488 | $46,915 | $10,080 | $36,835 |
| 2019 | $10,871 | $53,926 | $10,080 | $43,846 |
| 2018 | $11,305 | $57,047 | $10,080 | $46,967 |
| 2017 | $11,437 | $52,955 | $8,820 | $44,135 |
| 2016 | $10,642 | $52,955 | $8,820 | $44,135 |
| 2015 | $9,738 | $52,955 | $8,820 | $44,135 |
| 2014 | $9,901 | $53,168 | $7,560 | $45,608 |
| 2013 | $9,705 | $53,168 | $7,560 | $45,608 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Bluemel
-
Brianna Schmidt
Buyer's Agent in 2016
Brianna Schmidt
Second City Real Estate
(847) 312-6043
7 in this area
60 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 09193329
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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